SouthState Corp (SSB) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does SouthState Corp Do?
SouthState Corporation operates as the bank holding company for SouthState Bank, National Association that provides a range of banking services and products to individuals and companies. It accepts checking accounts, savings deposits, interest-bearing transaction accounts, certificates of deposits, money market accounts, and other time deposits. The company also offers commercial real estate loans, residential real estate loans, commercial, and industrial loans, as well as consumer loans, including auto, boat, and personal installment loans. In addition, it provides debit card, mobile and funds transfer products, and treasury management services comprising merchant, automated clearing house, lock-box, remote deposit capture, and other treasury services. Further, the company offers safe deposit boxes, bank money orders, wire transfer, brokerage services, and alternative investment products, including annuities, mutual funds, and trust and asset management services; and credit cards, letters of credit, and home equity lines of credit. As of December 31, 2021, it served customers through 281 branches in Florida, South Carolina, Alabama, Georgia, North Carolina, and Virginia. SouthState Corporation also serves its customers through online, mobile, and telephone banking platforms. The company was formerly known as First Financial Holdings, Inc. and changed its name to SouthState Corporation in July 2013. SouthState Corporation was founded in 1933 and is headquartered in Winter Haven, Florida. SouthState Corp (SSB) is classified as a mid-cap stock in the Financials sector, specifically within the Banking industry. The company is led by CEO John C. Corbett and employs approximately 5,030 people, headquartered in COLUMBIA, Florida. With a market capitalization of $9.2B, SSB is one of the notable companies in the Financials sector.
SouthState Corp (SSB) Stock Rating — Hold (April 2026)
As of April 2026, SouthState Corp receives a Hold rating with a composite score of 50.6/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.SSB ranks #1,607 out of 4,446 stocks in our coverage universe. Within the Financials sector, SouthState Corp ranks #489 of 891 stocks, placing it in the lower half of its Financials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
SSB Stock Price and 52-Week Range
SouthState Corp (SSB) currently trades at $97.66. The stock lost $1.74 (1.8%) in the most recent trading session. The 52-week high for SSB is $108.46, which means the stock is currently trading -10.0% from its annual peak. The 52-week low is $77.74, putting the stock 25.6% above its annual trough. Recent trading volume was 867K shares, suggesting relatively thin trading activity.
Is SSB Overvalued or Undervalued? — Valuation Analysis
SouthState Corp (SSB) carries a value factor score of 74/100 in the Blank Capital model, suggesting the stock trades at a meaningful discount to its fundamental earning power. The trailing price-to-earnings ratio is 13.28x, compared to the Financials sector average of 14.88x — a discount of 11%. The price-to-book ratio stands at 1.02x, versus the sector average of 1.22x. The price-to-sales ratio is 3.00x, compared to 0.90x for the average Financials stock. On an enterprise value basis, SSB trades at 10.12x EV/EBITDA, versus 3.26x for the sector.
Based on these multiples, SouthState Corp appears attractively valued relative to both its sector peers and the broader market. Value-oriented investors may find the current entry point compelling, particularly if the company's fundamental quality metrics also score well.
SouthState Corp Profitability — ROE, Margins, and Quality Score
SouthState Corp (SSB) earns a quality factor score of 54/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 7.7%, compared to the Financials sector average of 8.5%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at 1.0% versus the sector average of 1.2%.
On a margin basis, SouthState Corp reports gross margins of 0.0%. The operating margin is 29.8% (sector: 21.8%). Net profit margin stands at 22.7%, versus 17.7% for the average Financials stock. Revenue growth is running at 66.0% on a trailing basis, compared to 9.4% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.
SSB Debt, Balance Sheet, and Financial Health
SouthState Corp has a debt-to-equity ratio of 642.0%, compared to the Financials sector average of 121.0%. This elevated leverage warrants close monitoring, as it increases the company's sensitivity to rising interest rates and economic downturns. The current ratio is 1.16x, suggesting adequate working capital coverage. Total debt on the balance sheet is $953M. Cash and equivalents stand at $583M.
SSB has a beta of 1.01, meaning it is roughly in line with the broader market in terms of price volatility. The stability factor score for SouthState Corp is 77/100, indicating low-volatility characteristics and consistent price behavior that appeals to risk-averse investors.
SouthState Corp Revenue and Earnings History — Quarterly Trend
In TTM 2026, SouthState Corp reported revenue of $3.07B and earnings per share (EPS) of $7.90. Net income for the quarter was $694M. Gross margin was 0.0%. Operating income came in at $911M.
In FY 2025, SouthState Corp reported revenue of $3.38B and earnings per share (EPS) of $7.90. Net income for the quarter was $799M. Revenue grew 57.8% year-over-year compared to FY 2024. Operating income came in at $1.04B.
In Q3 2025, SouthState Corp reported revenue of $882M and earnings per share (EPS) of $2.44. Net income for the quarter was $247M. Revenue grew 62.0% year-over-year compared to Q3 2024. Operating income came in at $321M.
In Q2 2025, SouthState Corp reported revenue of $841M and earnings per share (EPS) of $2.12. Net income for the quarter was $215M. Revenue grew 58.3% year-over-year compared to Q2 2024. Operating income came in at $282M.
Over the past 8 quarters, SouthState Corp has demonstrated a growth trajectory, with revenue expanding from $531M to $3.07B. Investors analyzing SSB stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
SSB Dividend Yield and Income Analysis
SouthState Corp (SSB) currently pays a dividend yield of 2.3%. At this yield, a $10,000 investment in SSB stock would generate approximately $$226.00 in annual dividend income. This compares to the Financials sector average dividend yield of 2.5%, meaning SSB yields less than the typical sector peer. With a net margin of 22.7%, the dividend appears well-covered by earnings, suggesting sustainable payouts going forward.
SSB Momentum and Technical Analysis Profile
SouthState Corp (SSB) has a momentum factor score of 44/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 22/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 25/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.
SSB vs Competitors — Financials Sector Ranking and Peer Comparison
Within the Financials sector, SouthState Corp (SSB) ranks #489 out of 891 stocks based on the Blank Capital composite score. This places SSB in the lower half of all Financials stocks in our coverage universe. Key competitors and sector peers include WHITE MOUNTAINS INSURANCE GROUP LTD (WTM) with a score of 62.9/100, OPPENHEIMER HOLDINGS INC (OPY) with a score of 62.6/100, Enact Holdings, Inc. (ACT) with a score of 61.6/100, International General Insurance Holdings Ltd. (IGIC) with a score of 61.3/100, and PARKE BANCORP, INC. (PKBK) with a score of 60.4/100.
Comparing SSB against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full SSB vs S&P 500 (SPY) comparison to assess how SouthState Corp stacks up against the broader market across all factor dimensions.
SSB Next Earnings Date
No upcoming earnings date has been announced for SouthState Corp (SSB) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy SSB? — Investment Thesis Summary
SouthState Corp presents a balanced picture with arguments on both sides. The value score of 74/100 suggests attractive pricing relative to fundamentals. Low volatility (stability score 77/100) reduces downside risk.
In summary, SouthState Corp (SSB) earns a Hold rating with a composite score of 50.6/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on SSB stock.
Related Resources for SSB Investors
Explore more research and tools: SSB vs S&P 500 comparison, top Financials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare SSB head-to-head with peers: SSB vs WTM, SSB vs OPY, SSB vs ACT.